A popular crypto analyst, Michaël van de Poppe, is predicting a major Bitcoin price surge. He believes Bitcoin’s recent price jump is the beginning of a trend that will push it to a new all-time high.
Bitcoin’s Next Move
Van de Poppe, who boasts a large following on X (formerly Twitter), forecasts a period of consolidation around $90,000 before Bitcoin continues its upward trajectory. He specifically points to a potential short-term peak between $93,500 and $95,250. “Breaking $87,000 will likely lead to tests of $92,000-$94,000,” he stated. At the time of writing, Bitcoin is trading slightly above $93,000.
Ethereum’s Upward Potential
Van de Poppe also sees positive signs for Ethereum (ETH) against Bitcoin (ETH/BTC). He highlights a bullish divergence on the daily chart. This technical indicator suggests a price increase is on the horizon. He expects ETH/BTC to push towards 2,000 sats (satoshis, the smallest unit of Bitcoin) in the coming days, as long as it holds above ~1,820 sats. Currently, ETH/BTC is trading at around 0.01918 BTC ($1,793).
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